Though the pair has been trading in an uptrend recently, it failed two times to take out its recent high @ 1.52467. The falling 200h-SMA (in green) may add some downward pressure to the pair. Moreover, we can see a bearish divergence on the MACD. Be careful, the pair is still in an uptrend as long as the diagonal support hasn’t been broken. Yet given the factors mentioned above, the scenario of a minor selloff which would offer a good reward/risk ratio may be considered.
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